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HomeMy WebLinkAboutCOM 0394.008 2002-2004 ,~~r os h AARON S.Y. CHUNG ~ ~ Phone: (808) 961-8396 • rr. ct»incd6nentnc•r Fax: (808) 961-8912 ...fr.• P•+'. _ 47 - HAWAI7COUNTY COUNCIL ~ ~ - n Coanli~ gjHawai'i - lkixai'F ('anvy Ua~ildfng ? S .1 upuni ,Street. Siu(e ~ 09 1610. !laira77 96%ZO To: James Arakaki, Council Chair And Members of the County Council ) From: Aaron S.Y. Chung, Council Member (%/V" U Date: October 26, 2004 Subject: Bill 176, Draft 3, Real Property Taxes Relating to Nonspeculative Residential Use Assessment Amendments Enclosed is Bill 176, Draft 3, which was the result of the amendments made at the October 20, 2004, council meeting. The amendments are as follows: 1. Page 1, Section 19-58.1(b), paragraph 2. Exclusive residential use as used in this section shall not permit the owner to conduct any commercial activities on the property, except as otherwise permitted in sections 19-71(al and (b). Those owners who have dedicated their property to agricultural use or receive the benefit of the agricultural use or native Forest dedication shall not be eligible for this nonspeculative residential use dedication. 2. All references to five years should be changed to five- orten-years. ,?3,.2.0 t 7to~ QJ,. 3 Comm. tJo. V Ref. To: Presao Hak~ui'i Counh~ is on fiquu! Oppurtuni[}• Prurider and Entploy~er. Ref. Uate